By Greg Bensinger (Reuters) -OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million for experiments in democratic processes to determine how AI software should be governed to address bias and other factors. The $100,000 grants will go to recipients who …
OpenAI offers $100,000 grants for ideas on AI governance Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) -Carl Icahn secured a seat on Thursday for one of his three nominees to the board of gene sequencing machine maker Illumina Inc, a partial victory for the activist investor who is struggling to burnish his credentials following a shortseller attack on his company. Illumina said Icahn nominee Andrew …
Icahn scores partial Illumina win amid pressure to defend investment acumen Read More »
By Diane Bartz WASHINGTON (Reuters) -Microsoft President Brad Smith said Thursday that his biggest concern around artificial intelligence was deep fakes, realistic looking but false content. In a speech in Washington aimed at addressing the issue of how best to regulate AI, which went from wonky to widespread with the arrival of OpenAI’s ChatGPT, Smith …
Microsoft chief says deep fakes are biggest AI concern Read More »
(Reuters) – Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas environmental laws stemming from its diesel cheating scandal, Texas Attorney General Ken Paxton said Thursday. Paxton said the settlement stipulates that the German automakers pay a civil penalty of $85 million for their unlawful actions. Earlier …
VW, Audi agree to $85 million diesel settlement in principle with Texas – state Read More »
(Reuters) -The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden’s landmark climate change law, attracting more than $78 million in high bids for leases in New Mexico and Kansas. The federal auction was just the second to be held in New …
US oil and gas auction yields nearly $80 million for federal coffers Read More »
By Noel Randewich and Shreyashi Sanyal (Reuters) – Wall Street ended sharply higher on Thursday after a blowout forecast from Nvidia sent the chipmaker’s stock soaring and fueled a rally in AI-related companies, while investors watched for signs of progress in U.S. debt ceiling talks. Nvidia Corp soared 24% to a record high close after …
Wall Street ends higher as Nvidia sparks rush for AI stocks Read More »
By Andrew Mills DOHA (Reuters) – A U.S. government default would trigger an initial pull-back from crypto currencies followed by a “push upward” the CEO of London-based crypto firm Blockchain.com said on Thursday. The U.S. government could fall behind on its bills next month – and even default on its debt – if Congress does …
Blockchain.com CEO says US default would hit crypto initially Read More »
(Reuters) – Bankrupt crypto lender Celsius Network LLC said on Thursday it has chosen Fahrenheit’s proposal as the winning bid to manage a new entity to be owned by its creditors, directing itself out of bankruptcy. Fahrenheit, a consortium that includes blockchain-based venture capital firm Arrington Capital, will provide the capital, management team and technology …
Crypto lender Celsius picks Fahrenheit’s bid for bankruptcy exit Read More »
By Navya Mittal and Echha Jain (Reuters) -Australia’s Treasury Wine Estates warned on Thursday that inflation was squeezing demand for its commercial-grade wine and driving up packaging costs, sending its shares nearly 8% lower. The country’s biggest winemaker flagged challenging market conditions and consumption outlook for commercial wine, especially in Australia and the United Kingdom, …
Australia’s Treasury Wine warns of demand hit from inflation Read More »
TOKYO (Reuters) -Sony Group Corp said on Thursday its chip business would buy land in the western Japanese prefecture of Kumamoto. Local media reported in December the tech and entertainment conglomerate is considering building a factory in Kumamoto to make smartphone image sensors. ($1 = 135.0500 yen) (Reporting by Miho Uranaka and Sam Nussey; Editing …
Sony chip business to buy land in Kumamoto, Japan Read More »
